Define primary sector , secondary sector, tertiary sector.
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23
Explanation:
Primary sector:
It is the sector that produces goods by exploiting natural resources like land, water, forests, mines, etc.
- This sector includes agricultural and allied activities, fishing, mining and quarrying.
Secondary sector:
It is called manufacturing sector also. Enterprises in this sector transform one type of commodity into another type of commodity.
- For example: leather goods from leather, flour from wheat, sugar from sugarcane, etc.
Tertiary sector:
It is known as service sector also. Enterprises in this sector produce services only.
- Examples are banking, transport, communications etc.
Answered by
13
Primary Sector:
- This sector includes Industries that are involved in the Extraction of Raw Materials.
- This sector is directly associated with Nature because: They convert Natural Resources into Primary products.
- Since most of the Primary products are obtained from Agriculture, This sector is also called as "Agriculture and Related Sector."
- Examples are: Logging (Forestry), Fishing, Mining, Extraction of Crude-Oil and Natural Gas.
- In 'Developing Countries', Primary Sector make-up a large portion of its Economy.
Secondary Sector:
- This sector takes-up Primary products and converts them to Finished goods.
- This sector consists of Factories, Industries and Workshops. So, This sector is also called as "Industrial Sector."
- This sector involves Manufacturing Goods or Construction Work.
- Examples are: Yarn and Cloth weaving (from cotton), Sugar factory (from Sugarcane), Canned Food Manufacturing, etc...
- This sector is common in 'Developing' and 'Developed' countries.
Tertiary Sector:
- This sector is involved in activities that help in the development of both Primary and Secondary sector.
- This sector do not produce Goods, but provide Services that support Production. Hence, It is also called as "Service Sector."
- Examples are: Transport, Storage, Communication, Banking, etc...
- It also includes some Essential services like - Doctors, Lawyers, Teachers, etc...
- Some New Industries like Information Technology Industry, Software Industry, Internet Cafe, ATM booths, Business Process Outsourcing (BPO) Call centres, etc... also come under this sector.
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